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Emerging market economies, such as India, Turkey, Indonesia, LatAm economies which have been a darling of investors even after 2008/09 financial crisis led to cheaper capital access to these economies and its corporates, a trend that continued for more than half a decade at rapid speed. Now, with US Federal Reserve looking to raise borrowing costs and slowdown in China, led these economies and their corporates into greater chaos. We, in this series discuss the vulnerabilities of emerging market.

Emerging Market Crisis Series

Developing countries are facing economic disaster

May 29, 2020 14:25 pm UTC| Economy

While attention in developed countries has been focused inward on the effects of the pandemic at home and the anticipated exit from lockdown, an economic and health disaster is emerging in developing counties that make up...

Emerging Market Crisis Series

Five ways collective intelligence can help beat coronavirus in developing countries

Apr 21, 2020 12:34 pm UTC| Technology Economy

The COVID-19 pandemic has so far had the greatest impact in developed economies with strong health systems. And the results have been terrifying. But the epicentre of the pandemic could soon shift again to low and...

Emerging Market Crisis Series

Budget shows treasury is desperately short of ideas to fix South Africa's economic woes

Mar 01, 2020 13:09 pm UTC| Insights & Views Economy

At the core of this years budget proposals from South Africas national treasury is the admission that national debt is no longer expected to stabilise. In previous years, bar one brief exception, budgets and medium-term...

Emerging Market Crisis Series

Ramaphosa fails to show leadership as difficult and decisive year looms

Jan 14, 2020 00:34 am UTC| Insights & Views Politics

On the eve of the statement marking the 108th birthday of the governing African National Congress (ANC), South Africas finance minister Tito Mboweni tweeted: If you cannot effect deep structural economic reforms, then...

Emerging Market Crisis Series

ANC's anniversary statement – damp squib or new benchmark for South Africa?

Jan 10, 2020 10:53 am UTC| Insights & Views Politics

The statement issued by the African National Congress (ANC), South Africas governing party, each January to mark the anniversary of its launch in 1912, is many things to many people. It is a multipurpose vehicle to...

Emerging Market Crisis Series

Brazilian manufacturing industry’s output slows down in December

Jan 02, 2020 16:19 pm UTC| Commentary

The Brazilian manufacturing industrys output eased in December. The seasonally adjusted IHS Markit Brazil Manufacturing PMIs index dropped to 50.2 from Novembers 52.9, indicating towards the weakest improvement in business...

Emerging Market Crisis Series

South Africa is missing out on fresh fruit export growth. What it needs to do

Dec 04, 2019 12:28 pm UTC| Insights & Views Economy

South Africas urgent need to create jobs requires that the country take advantage of opportunities in the global economy that it can convert into quick wins. The fruit industry presents such an opportunity. The countrys...

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Economy

Trump Escalates Canada Trade War With 50% Tariffs

U.S. President Donald Trump intensified his criticism of Canada on Wednesday, saying it was time to teach Canada you cant do this anymore after trade negotiations between the two neighboring countries collapsed and...

US PCE Inflation Holds at 3.7% as Fed Rate Decision Looms

The Federal Reserves preferred inflation gauge remained elevated in July, reinforcing concerns over persistent U.S. price pressures ahead of the central banks September interest rate decision. The Personal Consumption...

Dollar Rises as Hotter PCE Inflation Lifts Fed Rate Hike Bets

The U.S. dollar strengthened on Wednesday after hotter-than-expected inflation data modestly increased expectations for a Federal Reserve interest rate hike ahead of this weeks Jackson Hole symposium. The Personal...

Qatar LNG Exports Plunge 96% as U.S.-Iran War Disrupts Gulf Energy Trade

Qatar has emerged as one of the biggest economic casualties of the six-month U.S.-Iran war, with liquefied natural gas (LNG) exports plunging 96% as the conflict severely disrupts energy shipments through the Gulf. The...

Gold Prices Hover Near Three-Month High as Oil, Treasury Yields Fall

Gold prices slipped slightly on Wednesday but remained close to a three-month high as falling oil prices and lower U.S. Treasury yields eased inflation concerns ahead of key Federal Reserve signals. Spot gold, or XAU/USD,...

Politics

US Raises Concerns Over Chinese Artist Gao Zhen’s Prison Sentence

The U.S. State Department has expressed significant concerns over Chinas sentencing of Chinese artist Gao Zhen to three years in prison, citing questions about freedom of expression and the application of a law enacted...

CIA Chief Ratcliffe Holds Talks With Russian Intelligence in Moscow

U.S. CIA Director John Ratcliffe met with Russian intelligence officials during a visit to Moscow on Tuesday, marking a rare high-level security contact between Washington and Moscow as bilateral relations remain deeply...

Trump Floats ‘Lake America’ Rename as US-Canada Trade Tensions Deepen

U.S. President Donald Trump said Tuesday that his administration is considering renaming Lake Ontario as Lake America, as tensions between the United States and Canada escalate following the collapse of bilateral trade...

Trump Administration Pauses Visa Appointments Worldwide

President Donald Trumps administration has temporarily paused or rescheduled visa appointments at U.S. embassies and consulates worldwide as the State Department launches a global training program for consular officers. A...

U.S. Caribbean Vessel Strike Kills Four in Latest Anti-Drug Operation

The U.S. military said four people were killed in a strike on a vessel in the Caribbean on Tuesday, marking the latest attack in Washingtons campaign against suspected drug-trafficking operations at sea. U.S. Southern...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan

SoftBank Group is reportedly considering a bond offering worth between $10 billion and $20 billion as the Japanese technology conglomerate looks to refinance borrowing linked to its massive investment in OpenAI. The...

OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing

Chris Malone, OpenAIs head of data centers, left the artificial intelligence company last week, marking another senior departure as the ChatGPT maker prepares for a planned 2027 listing, according to the Wall Street...

Meta, U.S. States Discuss Settlement in Teen Addiction Trial

Meta Platforms and attorneys general representing several U.S. states have held discussions over a potential settlement as the Facebook and Instagram parent faces a federal trial over allegations that its social media...

Google Expands Gemini Enterprise With AI Tools for Legal Sector

Google has expanded its Gemini Enterprise artificial intelligence platform with new tools designed for lawyers and law firms, intensifying competition among major technology companies seeking a larger share of the growing...

Luxshare Shares Rise as First-Half Profit Jumps 18%

Luxshare Precision Industry shares gained on Monday after the major Apple supplier reported strong first-half earnings and projected double-digit profit growth for the first nine months of the year, supported by expanding...
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